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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Communication Services
Trump Media & Technology Group Corp. is a social media and technology-focused company. The Company’s social media platform, TruthSocial, provides an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology. The Company is also focused on developing a subscription-based video streaming service, TMTG+, which intends to include access to... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > What happens tomorrow?
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Post by Nailbiter2 on Sep 18, 2024 6:02pm

What happens tomorrow?

DJT stock headed south soon - ARC gets more shares and may plan to sell

CNBC is reporting here that ARC Global is entitled to 10%+ more shares than they were originally awarded in Trump Media when Digital World Acquisition Corp. merged with DJT. This was one of the outstanding lawsuits against DJT regarding their stock.

planning an “imminent sale” of more than 18 million DJT shares once the lock-up lifts.

Trump Media in a filing in that same lawsuit on Monday sought an “emergency” court hearing.

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